At the Chicago Mercantile Exchange, live cattle finished the day higher while feeder cattle closed lower. Contracts traded lower the majority of the session due to lack of support from cash business and weak wholesale values. June live cattle closed $.10 higher at $107.62 and August live cattle closed $.12 higher at $104.42. May feeder cattle closed $.17 lower at $138.42 and August feeder cattle closed $.05 lower at $143.90.
Direct cash cattle trade has been quiet all week.
Continue reading Cattle futures lower on lack of support at Brownfield Ag News.
